Indian Funding & PE Deals of the week [May 7th to May 13th 2012]

Here are the Funding, PE and M&A deals happened in India for the week starting May 7th 2012.

Funding, Private Equity and M&A Deals of the week [May 7th to May 13th 2012]

Funded Company / Acquired Company

Deal Type

Who Funded / Who Acquired

Funding Amount

Remarks

ProKlean technologies Pvt. Ltd.

Angel Funding

Chennai Angels

USD 500k

manufacturing expansion & reach expansion

Magzter Inc.

Series A

IndoUS Venture Partners

Undisclosed

To expand its footprint in other countries

cbazaar.com

Series A

Inventus Capital Partners & Ojas Venture Partners

USD 3.5 Million

For general Business Expansion

stylishyou.in

Acquisition

Yebhi.com

Undisclosed

Strategic deal for expansion in Jewellery

PriceGrabber.com, LowerMyBills.com and ClassesUSA.com

Acquisition

Ybrant Digital Ltd

USD 175 Million

To expand their product platform

Parampara Foods

Acquisition

General Mills USA

USD 12 Million

To increase their product portfolio

Firepro Systems Pvt. Ltd

Majority Stake*

Panasonic

Undisclosed

* 76% stake

Giftcart.com

Angel Funding

TekCorp

USD 1 Million

To strengthen development, marketing & Supply Chain

Radiant Hospitality Services Pvt Ltd

Acquisition

OCS Systems

USD 5.5 Million

N/A

BASIX Krishi Samruddhi Ltd

Private Equity

Acumen Fund

USD 2 Million

For creating Pan-India branches

Limberlink Technologies Pvt. Ltd.

Series A

Accel Partners

USD 2 million

N/A

ICRA Techno Analytics Limited

Acquisition

ICRA Techno Analytics Limited

Undisclosed

N/A

People Matters Media Private Limited

Series A

HR Fund

USD 750k

For general Business Expansion

Talentube.com

Angel Funding

consortium of investors

USD 12 Million

To built largest talent community in India

MVR Infrastructure & Tollways Pvt Ltd

Acquisition

IRB Infrastructure Developers

USD 26 Million*

* approx

Moolchand Healthcare

Private Equity

Sequoia Capital

USD 20 Million

To fund its business expansion plans

[We are sometimes unable to get the funding amounts, as they are not disclosed. However, we update this sheet when it becomes public. If you are aware of amounts, and they have not been put up in the table, please do get in touch with us.]

Note: Even though we try our best to bring you all the funding / M&A deals of the week, there are always ones which go un-reported. Most of the deals which we put up here are published on multiple websites, and we do refer them to provide the accuracy of deal in question. If you know of the any that we have not covered, please let us know and we will be more than happy to add it to the list!

Arun Prabhudesai is founder / chief editor at trak.in. He jumped the Entrepreneurship bandwagon in early 2008 after a long 13 year stint in I.T Industry. You can follow him on twitter @trakin and Facebook.Arun’s Google+ Profile